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Non-custodial

The therm non-custodial is mostly used when talking about wallets.
With a non-custodial wallet, you have sole control of your private keys, which control your tokens and prove the funds are yours. While there is no need to trust a third party when using a non-custodial wallet, this also means that you are solely responsible for not losing your keys and requires that you take your own precautions to protect your assets.